TENOR CAPITAL MANAGEMENT Co., L.P.
Annual return '25
+2.8%
SPY '25
+17.7%
Alpha
-14.9ptsvs SPY
Invested
$6.5B
Holdings
313
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 74%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$LITE 0.5 12/15/2
LUMENTUM HLDGS INC
Q4 2025: Exited (was 56.15M shares)
6.1%
02
$TDOC 1.25 06/01/
TELADOC HEALTH INC
Q4 2025: Exited (was 188.65M shares)
2.8%
03
$U 0 11/15/26
UNITY SOFTWARE INC
Q4 2025: Exited (was 171.91M shares)
2.1%
04
$MIRM 4 05/01/29
MIRUM PHARMACEUTICALS INC
Q4 2025: Exited (was 25.17M shares)
2.1%
05
$CNMD 2.25 06/15/
CONMED CORP
Q4 2025: Exited (was 125.02M shares)
1.9%
06
$SHAK 0 03/01/28
SHAKE SHACK INC
Q4 2025: Exited (was 37.07M shares)
1.8%
07
$VTR 3.75 06/01/2
VENTAS RLTY LTD PARTNERSHIP
Held since at least Q1 2024
1.8%
08
$AKAM 0.375 09/01
AKAMAI TECHNOLOGIES INC
Q4 2025: Exited (was 171.51M shares)
1.7%
09
$BMRN 1.25 05/15/
BIOMARIN PHARMACEUTICAL INC
Q4 2025: Exited (was 102.08M shares)
1.7%
10
$JBTM 0.25 05/15/
JBT MAREL CORPORATION
Q4 2025: Exited (was 102.01M shares)
1.6%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 09:28 UTC.